Yes, Richmont Corp. is controlled by the Menil. The income from the apartment complex provides some revenue for the Menil operations. Menil has been quietly acquiring property over a number of years such that they now own close to 100% of the land in the area bounded by Mandell, Richmond, Yupon, and W. Alabama. Likewise, UST has been steadily trying to acquire as much land as they can in the area bounded by Yupon, Richmond, Montrose, and W. Alabama. It is the intent of both of these institutions to expand and enhance the visual appeal of their respective campuses.